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The Necessity for Large Private Business Organizations in the Economy of Honduras

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The Necessity for Large Private Business Organizations in the Economy of Honduras

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Abstract

The purpose of this article is to expose the necessity for large national private business organizations in the Republic of Honduras. A comparison was made with the early industrialized nations of the United Kingdom and the United States whose economies necessitated large private enterprises in order to attract large investments and professional management. It was proposed in the article that the government of Honduras selectively privatizes its large enterprises that are not essential to the defense and security of the country and are not natural monopolies. It was also suggested that the government needs to encourage and support the formation of new large private enterprises in order to create a competitive economy on a national, regional and global basis.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

John Theodore. 2017. "The Necessity for Large Private Business Organizations in the Economy of Honduras". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B1).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification JEL Code: M20
Version of record
v1.2

Issue date
March 20, 2017

Language
English
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The Necessity for Large Private Business Organizations in the Economy of Honduras

John Theodore
John Theodore JDT Management Consultants